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Inflation is a top challenge for the government, which targets 6.0-7.0% GDP growth in 2024, compared with 5.5% in 2023. GDP grew by 5.7% year-on-year in the January-March quarter…
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DOI: 10.1108/OXAN-DB287954
ISSN: 2633-304X
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This seventh successive monthly increase takes the RBA’s benchmark cash rate to a nine-year high. With inflation now expected to exceed even the more recent RBA forecasts, further…
The Argentine financial crisis and economic downturn are affecting Uruguay at a time when its economy is cooling while popular discontent is rising over the difficulty of finding…
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DOI: 10.1108/OXAN-DB238843
ISSN: 2633-304X
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The pandemic has worsened the living conditions of vulnerable people. Governmental emergency aid has temporarily lifted people out of poverty, but declining income gains, high…
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DOI: 10.1108/OXAN-DB267158
ISSN: 2633-304X
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Spain has outperformed other EU economies thanks to a resurgence in demand for tourism, with spending close to 2019 levels, and its relatively limited direct exposure to the…
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DOI: 10.1108/OXAN-DB272361
ISSN: 2633-304X
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Prospects for Latin America in the third quarter.
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DOI: 10.1108/OXAN-DB200263
ISSN: 2633-304X
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The increase, the largest since 2002, comes despite low growth expectations and reflects concerns over rising inflation, with the Central Bank warning of a similar rate rise in…
The contraction preceded the impact of the COVID-19 outbreak. The large inherited fiscal deficit and rising debt-to-GDP ratio are forcing the new government to take unpopular…
High export taxes on the soya complex have encouraged farmers to shift to corn. Rising export earnings will help to strengthen international reserves and tax revenues. Argentina’s…